BBMG Elects Gu Yu and Jiang Changlu as Executive Directors

BBMG Group announced that on September 27, 2023, Mr. Gu Yu and Mr. Jiang Changlu were elected as executive directors of the sixth session of the Board of Directors of the Company, and Mr. Gu Yu was elected as a member of the Strategy and Investment and Financing Committee of the sixth session of the Board of Directors of the Company, with the same term of office as the current session of the Board of Directors. Biography

of Mr.

Gu Yu Gu Yu, male, Han nationality, born in March 1972 in Ningbo, Zhejiang Province, a member of the Communist Party of China, holds an in-service postgraduate degree, a master's degree in engineering and is a senior economist. In July 1993, he worked in the Equipment and Materials Company of Beijing Sumitomo Group and joined the Communist Party of China in June 2001. He is currently Deputy Secretary of the Party Committee, Executive Director and General Manager of BBMG Corporation.

Mr. Gu Yu has successively served as the material clerk, deputy manager and assistant to the general manager of the distribution center of Beijing Sumitomo Group Equipment and Materials Company, the general manager and vice chairman of Tianliao Equipment and Materials Co., Ltd., the general manager of Beijing Sumitomo International Wood Industry Co., Ltd., the deputy secretary of the Party General Branch, the general manager and the chairman of Beijing Sumitomo Logistics Co., Ltd. Assistant General Manager of Beijing Sumitomo Group Co., Ltd., Deputy Secretary of the Party Committee and Chairman of Beijing Sumitomo Science and Trade Holding Group Co., Ltd. From June

2016 to October 2019, he served as the deputy general manager

of Beijing Sumitomo Group Co., Ltd. From October 2019 to September 2020, he served as the deputy party secretary and deputy general manager of Beijing Urban Construction Group Co., Ltd., and the party secretary and chairman of Beijing Sumitomo Group Co., Ltd; From September

2020 to July 2023, he served as Deputy Secretary of the Party Committee and Deputy General Manager of Beijing Urban Construction Group Co., Ltd. (From September 2020 to July 2023, he was appointed as Member of the Party Committee of Xinjiang Hotan Command and Deputy Secretary of Urumqi Municipal Committee); He has been the deputy secretary of the Party Committee of BBMG Corporation since July

2023,

the general manager of BBMG Corporation since August 2023, and

the executive director of BBMG Corporation since September 2023. Biography

of Mr.

Jiang Changlu Jiang Changlu, male, Han nationality, born in May 1965 in Meihekou, Jilin Province, is a member of the Communist Party of China, a postgraduate and a senior economist. He worked in Beijing Liulihe Cement Plant in August 1987 and joined the Communist Party of China in August 1995. He is currently Deputy Secretary of the Party Committee and Executive Director of BBMG Corporation. Mr.

Jiang Changlu successively served as technician, deputy director of the production safety department, deputy manager of the transportation company, director of the supply department, deputy director of the production management department, director of the supply department and deputy factory director of Beijing Liulihe Cement Plant, and manager of BBMG Cement Trading Co., Ltd. Deputy General Manager and Chairman of Hebei Taihang Cement Co., Ltd., Party Secretary, Vice Chairman and Chairman of Tangshan Jidong Cement Co., Ltd., Deputy General Manager, Deputy Director and Director of Cement Business Department of BBMG Corporation, Deputy Manager of Cement Branch, etc. From May

2016 to August 2023, he served as the deputy general manager of BBMG Corporation.

Since June 2017, he has been a member of the Standing Committee of the Party Committee of BBMG Corporation; He has been the deputy secretary of the Party Committee of BBMG Corporation since July

2023 and

the executive director of BBMG Corporation since September 2023.